stoxx 600 down by 0.3%. we are not down by much, but 18 out of 19 industry groups are indeed trading lower. the ftse 100 down 0.4%, off by 30 points or so. the dax down by 0.28%. some stocks on the move with caroline. >> an interesting move related to m&a. you would have thought m&a would mean stocks go higher. not so when you are looking at sika, down by 11%. this is the worst in two decades. sealant, of industrial saint-gobain says, we want to buy a controlling stake. the founder of sika currently holds. of theuld have to 52% voting rights. management not happy. says, we will quit if this deal goes ahead. many worry about the future of this company as we see the building units start to consolidate. single vein, obviously looking to buy a controlling stake in this company. you will, seadrill, get some welcome news if you are a stockholder of this. offshore deepwater drilling is what this company does. is upping hison stake in the company. 2.7 million shares is what he now can buy in seadrill. this is a man

the stoxx 600 up by 0.58%. as we sawns, just yesterday.iggest rally on the stoxx 600 since 2011. a volatile couple of weeks. strong finish to this week. will we get a stronger finish in 2014? the dax up by 50 points. we go to ryan chilcote. >> we start in france. agreeing to buy xerox. investors love it. it triples the french company's exposure to the united states. air france, ouch. issuing their third profit warning. they will push back the purchase of 10 boeings. basf, the world's largest chemical producer. they shelved a deal, canceled the with gaspromm, blaming the difficult political environment. back to you. >> thanks very much. here are the top headlines. script. rips of the the french president broker united front after suggesting that russia has been sufficiently sanctioned -- brorke a united front after suggesting that russia has been sufficiently sanctioned. hollande suggest that maybe be time to start de-escalating the sanctions. consider that the gestures that russia is making is what we are waiting for. there is no reason to

a great way to look at stocks across eurozone is the stoxx 60. the index is up 4.5% just over to past month. >>> russia's gdp is likely to contract in 2015. quite a significant downgrade in the growth outlook for the russian economy. that is coming from a economy ministry mip sister. they're basing their projections on $80 a bare coming from a forecast of $100 a barrel. they say the ruble is likely to remain weak. the average rate for 2014 is $49 rubles per dollar. recession is there in q11 of 2015. gdp growth down to 0.8% as i said earlier from -- down 0.8% contraction from 1.2% growth. quite a significant decline in their forecast. >> we're talking about western sanctions weighing on its economic output. of course, the ruble and now a drop in the price of oil. russia is one of the companies reliant on oil the ruble did stabilize slightly down on the russian dollar. declined as much as 7% against the u.s. dollar at one point posting the biggest intraday decline in more than 16 years. this despite reports the russian central bank may have interve

we'll look at the stoxx 50, continental is down .45%. individual markets, where is the strength coming from? the ftse 100 is down .66%. the last week or so it's heavy energy dependency meant its underperformed. germany is down .33%. france is down half a percent and italy is just below flat. we'll look at bonds. we have seen yields tick up a little bit over the first few trading days, the first week or so in december in the u.s. we kicked off near 2.34%. and the yields are up in europe over the last week. germany is now getting closer to .08. and italy is near .20%. we are less confident we are going to get easing in europe. and in the u.s., slight more confidence in the outlook leading to a little bit more of a risk on trade, particularly that jobs number on friday better than expected. and we'll look at the top of the show with the u.s. dollar continuing to see a strong ride against the euro at 1.226. that is up 0.2%. and the euro has given up a little bit but well over the 120handle. the yen is looking at 121.12 at the moment. the the

the euro stoxx 50 up 0. 234%. yesterday was a risk off day with the stoxx 600 as a whole declining. today, a little bit of gains. the ftse 100 up 0.2%. france off 0.5% and italy in the green. germany is closed, as i mentioned earlier. bonds have been of interest this week. bonds buying following that greek vote earlier in the week leading to a bit of risk off sentiment. that included the u.s., which started the week around 2.25% is going to end the weekend and the yooir year just below the 2.2% handle. the uk french yield at 0.82%. of interest yesterday, not only the german bond yield touching 0. 0 55%, a record low, but the italian and spanish yields hit all-time lows. greece has moved in the opposite direction in the last couple of days, spiking to around 9.5% on the ten-year. let's look at forex in this rel ofly uneventful day. low volumes. almost all of those major pairs pretty much flat. looks like the yen paring with the dollar is going to end just below that 1.20 handle for the year. the story, of course, for the year in forex markets has been the u.s. dollar's strong rally.

if you are looking at futures, euro stoxx futures up seven points. if you are looking at dax futures, up 17 points. we could well get that higher open. for more on the open, caroline hyde at the touchscreen. thatuld we go sailing past six-year high on european stocks? looks as though the appetite for risk is there this morning. let's see how we are opening up across the board. germany up 0.3%. ftse, similar. pretty flat in france. it all focuses on central banks. saying, draghi is throwing everything he can despite printing monday in his bedroom. will he get the sign off for full on quantitative easing? we want to see whether that will be in the pipeline. that is what is making people buy stocks. let's have a look at what it is doing to the rest of europe. we have bank of england coming out. the biooe decision. 12:45 is the ecb decision. in the moment, we are seeing british pound pretty flat. 1.5694. let's have a look at the euro. we are getting the euro pushing lower against the dollar on that hope that we will see yet more stimulus. that will be a

stoxx 600 up .5% and the dax at .1%. some great u.k. stock stories as well. giving a little flavor post. today we have some massive news all related to post come up mail and packages. the worst performer on the stoxx 600, this is the very of mailroomsupplier equipment. we are starting to hear this again and again talking about earning season and they are ,aying of all the performance mail solutions in france they are exposed to the deteriorating conditions in economy. that would be may have lowered their target. 15% lower. that is the worst since 2007. so mail just got sexy and getting sexy in the u.k.. royal mail down by almost 2%. we injection of competition are thinking about will not be a problem for you, you have to get over it. they had concerns over the opening up of postal market reform. the universal postal service has to deliver across the entire country mail should it need to. rivals are now a lot to apply for licenses to deliver your mail that they are saying they will cherry pick the easiest bits. we are not thinking that. analyzing but a bit of

before we go to the break let's check on the stoxx 600.tocks taking a little bit of change today. the government have brought forward presidential elections which could trigger parliamentary elections. in the meantime if you want to follow me on twitter or talk markets, you know where i am. that is it for me, good luck for the rest of your day. ♪ . >> 100 days and two profit warnings. of thees to gain control retail giant, tesco. a call for reform. usedrock ceo's streaks lucy liu to bloomberg and hear from them later. speakskrock ceo exclusively to bloomberg and hear from them later. the technology summit. ♪

euro stoxx future is pretty much dead flat. dax futures, about 0.1% higher. let's get straight to the market open. >> we have had technical issues in terms of futures markets in europe, so that has discombobulated some of the market opens. you are looking lower in london, down 0.4%. global equities lost $1.2 trillion in value. that momentum continues this morning. volatility rose. yields on treasuries also rose. emerging markets are touching 10-month lows. a little bit of a mixed picture. what is driving the dax, siemens. there is a deal to be done. i will talk to you about that in a moment. by 1.24%. the oil market is beginning to stabilize. that is going to be interesting in terms of whether we are basing out lower level positioning in the futures market. it suggests that the number of people betting against crude is declining. up by 0.23%. barrett up by 0.4%. we have a report out in the u.k. , london house prices plunged. losing the froth, is what they say. 2014 was a year of house gains. next year, you will see between 1% and 3%. nationwide, you are makin

euro stoxx 50 futures up 40 points. we could get a little bit of a rebound. manus cranny. yen --y going into the it is performing and delivering, as it does. in moments of reflection, this is the euro down, the yen rising. we have a little bit of a move in dollar-yen. you are seeing probably one of the strongest three-day since we have seen since the middle of august 2013. the reason i'm starting with foreign exchanges because volatility is back in the markets and back in the foreign exchange markets most evidently. it is the most volatile for exchange market we have seen according to some of the agencies we have watched since august 2013. your tian -- european equity markets are tanking. we lost 2% of their value yesterday. we should keep an eye on the banks. european equity fund's have got a small bounce for them. that will give you a little bit of a flavor. the minor response quite nicely in australia. i think this is a story of do what you do best and if you on a pipeline, sell it. that is what bg are doing. they are selling their apa pipeline in australia. they provid

the stoxx europe 600 ending up by around 2%. the rebound that we saw in the price of oil right now diving into the european markets, though, it is a negative trading day. some of that perhaps being in reaction to what is taking place in russia. of course, oil prices, while they did rebound yesterday, still down over 40% since june of 2014. today, the eurozone inflation number will come out. that will be very important, especially as we assess whether mario draghi will unveil sovereign bond buying perhaps in early 2015. expectations are for 0.3%. that's the expectation for inflation across the eurozone. right now we're looking at the ftse 100 trading down. points. the bank of england minutes due in about half an hour's time. the xetra dax down 93 points, the cac 40 down 35 and a triple digits decline for the italian markets. let's talk about the currency space. that has been a focal point for investors, especially when taking a look at the ruble which is right down here. right now, trading at the u.s. dollar weakening against the

the stoxx 600 is down 0.08%. the ftse 100 is a laggard, down 0.3%. otherwise, as you can see, a little bit of strengths across europe after we had about 3% of declines on the two previous trading sessions. germany up 0.5%. earlier, the ifo institute did upgrade its outlook for germany. as i said, the banks in both france and italy in particular rallied a little bit off the back of the results of the tltro announcement from the ecb. >> markets down for the third consecutive day in the wooubs which is interesting given that seven days ago the market was buzzing about 17,000 dow. interestingly enough, futures indicating a higher open. we're looking tt dow jones industrial up about 64 points. the nasdaq up 10 points. s&p 500 up just about 7 points. the vix, the volatility index, up about 57% over the past three days. so volatility back in this game. what does it mean? will it derail the santa claus rally. >> there were pricing discreditsies after a report shows sales to other retailers when there wasn't merchandise on the is sheflts shelves. the reports

the stoxx 50 was down. the dow is off by 0.25%. euro is up against the greenback, trading at $1.24. aids campaigners say this is not a time to forget the continental struggle to contain hiv. >> antiviral drugs remain out of reach for most of the 24 million sufferers who want to see more done to make it more affordable for all. >> evelyn has been living with hiv for 16 years. she started taking anti-retro viral drugs. >> it changed my body physically and emotionally. i began to heal. i had this closed. it was the breaking point. >> with health and energy restored, she educates others about the importance of the therapy and hold regular meetings. she runs a private facebook group. here, members get all the information and encouragement they need to live a healthy life. thanks to education campaigns like this one, fewer mothers are transmitting the virus and the number of new infections is dropping. it goes much further. >> -- evelyn's goal goes further. >> it is a zero agenda. my focus is zero. >> there is a long way to go for that.

up 0.25% on the stoxx 6 hurn. let's have a look at the stoxx 50. continental europe is up 0.7%. let's dive into the individual markets. the ftse 100 is weak today, down 0.25% ahead of the chancellor's autumn budget. because it's because of its heavyweighting of energy stocks which did already yesterday. germany is up 0.1%. france is flat and italy is down 0.25%. we've had those pmis out in the last half an hour or so. we'll bring those to you as we talk about the euro. we've got russia, as well. the micex index is up through the 1600 level, the peak for the year. the dollar has, of course, strengthened once again. the ruble off setting the gains in the micex, 54.75. let's look at top stocks, up almost 5% that rival shell is eyeing a takeover bid for telenor. 432.6 on bp. telenor is up about best part of 6%. they're planning to merge its danish rivals in a bid to cut profits. it will be structured as a 50/50 venture. lavrox is looking for a new ceo. the uk bookmaker expects progress into next year. on the downside, metro, down over 5% after a hit from jpmorgan when it cut its sto

the stoxx 50 down just a little bit more than the stoxx 600. greece down 6.5%. the u.s., 2.26%. we have had the opposite of that risk off rate. u.s. yields down to 2.26%. the ten-year in germany is ticking back to 0.8%, back you to 0.7%. and the uk back to 0.2%. greece is now at 7.7%. once dpen, very high yields. that's moving in the opposite direction for the rest of the bond yields as is calls for the early presidential selection and in particular whether that presidential election could lead to the prime minister having to call early parliamentary elections. let's look at forex and the u.s. dollar giving up a little bit of ground today. that's contrary to what we would expect on a risk off environment. that's because yesterday the broader index hit a five-year high, giving up 30 basis points against the ur roy, 1.2358. the yen moved incredibly sharply to the down side recently. russia continues to suffer from oil price declines and oil has declined again today. it declined about 4% yesterday and slightly smaller declines so far today. it doesn't look like we're going to see c

euro stoxx 50 could not quite managed to rights foes of 1% to 3150. trading is still off by about 1.25%. and the euro at the moment is up. former paralympic sprinter oscar pistorius could be looking at even more time behind bars. the judge in the south african case has allowed prosecutors to appeal the october ruling that the story is did not intend to kill his girlfriend, reeva steenkamp. >> instead come he was found guilty of culpable homicide and sentenced to five years in prison. prosecutors are seeking a harsher conviction if the top appeals court sides with the prosecution. he could face life in prison. >> a unique marriage of time honored techniques and high technology. >> artists have been hard at work on of them called "loving vincent" with -- which is a film about the domingo. >> -- about a vincent van gogh. >> pieces done in the style of the master himself also >> van gogh looks back over his shoulder with a suspicious stare, a tortured man brought back to life. his landscapes move as a shot is fired for birds take to the wing in painted sk

the euro stoxx also rose 1.2%.he dollar market is one dollar -- $1.23 -- $1.21. >> sony now says several independent cinemas in the united states will show the film "the interview" on christmas day. >> the movie, which lampoons north korea's dictator kim jong-un fell victim to a large-scale hacking attack. it was pulled from theaters. u.s. authorities have blamed north korea for the attacks. >> we're going to take a short break. stay with us. >> welcome back. with a day before christmas, christians all over are looking for peaceful celebrations. but in nigeria, the good nature is overshadowed by the recent past. x that is because militant group boko haram unleashed one of its deadliest attacks, attacking churches across the nation on christmas day. the bomb -- the bombing is still a fear of many residents, but many are also determined to make the most of christmas this year. > over the years, this has become a ritual, christians and muslims decorating the christmas tree together. despite the constant threat of terr

the stoxx 600 down the better of 1%. the stoxx 50 down 1.1%. let's look at the individual markets. profit taking across the board, ftse 100 down 1%. an energy-heavy index. the dax was strong last week. up 6%. had 11 straight days of gains. down 0. %. france down 1.2. italy down 1.5%. let's look at bonds. we'll dwell on bonds for a second. we had significant yield compression over the course of the last month and last week. the italian ten-year hovering around 2%. if you held that during november you would have made 13% of gains as bond prices rose and yields fell. the uk just below 2%. germany, 0.69%. we were all talking about it pushing the 0.8 handle for a long time. it's gone through that and through 0.7%. despite very different sets of circumstances in the u.s.s, we have seen yield compression there as well. to a lesser extent, but yield compression nonetheless. let's look now at some individual -- at the euro, basically flat, 124.50, but in general a stronger u.s. dollar environment despite the move in the yen which was weaker in earlier trade. the dollar has softened against

the euro stoxx also struggled following close to 3% closing at 3067. the dow jones industrial average is still also off but only by a bit more than 1% to 17,409. >> protesters against police brutality have rallied in washington, they're calling for changing's and policing, especially in black communities. >> is a grand jury procedure that did not return indictments in cases involving white police officers killing two unarmed black man. >> these protesters are calling for solidarity with the victims of police violence. they have gathered in front of the justice department to vent their anger over several recent killings of unarmed black man by white police. demonstrator -- says the shooting symbolizes the u.s.'s ongoing struggle with racism. >> in our country, we have two sets of laws, the laws have been applied in such a way, especially in local situations that are unjust, unfair, and are not equal at all. >> they meet with other activists to prepare the next demonstration. the people meeting here are concerned about what they see as widespread racist

. >> in frankfurt, weekend stay for a quick look of numbers -- the euro stoxx 50 doing fairly well. the dow jones trading up by about .5% and the euro slightly higher. >> has become far more dangerous to be a journalist and conflict zones. that is according to the annual summary of journalist abuses. >> 66 journalists were killed in the line of duty this year and the number of kidnappings increased substantially from one year ago. 119 journalists were taking -- were taken hostage. >> in august, the fate of james foley shocked the world. the militant group released a video showing his beheading. two weeks later, the organization executed his colleague. both men had been kidnapped in syria. the number of journalists kidnapped around the world is on the rise. this year, 119 have been seized. >> the kidnappers want to show they have no respect for te principle observers in war zones may not be hindered or harmed. >> 66 journalists have been killed in connection with their work. the most dangerous country within the -- with syria followed by the palestinian territories and ukraine. >> in

when they look at the dax, the euro stoxx, both clearly at the red. the euro is holding up surprisingly well, but it has already lost a lot of ground this year. >> thank you for the update from frankfurt. all passengers have now been evacuated from the burning ferry in the adriatic sea, but the death toll still sits at five. with almost 500 were on board when a fire broke out the island of corfu. bad weather and gale force winds have hampered rescue operations. first, this report. let's smoke and flames -- >> smoke and flames poured out of the ship on the adriatic sea. in the italian port of bari survivors disembark a rescue ship. they will be checked by a medical team. >> we are in the process of establishing a condition of the passengers. the cheaper rescue operations has reported that they are -- the chief of rescue operation has reported that they are all in good health. we need to determine who can be hospitalized and treated here at the medical center. >> bad weather continues to be hampering the emergency operation. the fire is believed to have

euro stoxx 50 dropped by a percentage and a half. the dow jones, where they are still trading 17,966 and the euro is slightly up against the dollar. >> few things in the world of technology have generated more does in recent years than 3-d printers. and boy have they come a long way. scientists say they will be able to use 3-d printing to create human organs for implantation. >> one start up outside berlin is using the technology to make models of human hearts. their products are far from an implant ready but they are helping surgeons in exciting new ways. >> it might look like a cookie 10 but this professor is carrying a patient's heart, or at least a scale model of her heart. the model is made of soft plastic and comes from a 3-d printer. the patient's heart was scarred by earlier operations, making further surgery complicated. the cardiologist ordered a model of the heart to be fully prepared. >> i was surprised how detailed and fine the resolution is in the 3-d printing. you can really visualize very well what you can expect to f

the euro stoxx 50 also took a big hit and fared even worse, tumbling to 31 62. in new york city, where they are still trading, the trend is going down, but by less than half a percent. the euro is slightly up against the dollar. >> time to get a look at some soccer news today. the champions league is wrapping up this weekend it's a decent time to look at two of the most relevant role scores in the history of that competition. next each of these guys have scored more than 70 champions league goals in their years will stop >> both are in action this week. both are in top form as they aim to push their achievements even further. >> to soccer superstars who make everything look so easy. messy holds the season record, a whopping 50 goals in one year. champion league record score was 74 goals to his name. he has speed, great ball control and a perfect shooting technique will stop he's been named world player of the year four times. but ran although smashing one record after another. he recently scored his 23rd hat trick in the spanish league. the portuguese powerhouse

euro stoxx 50, similar story, finishing the friday session at 3141. the dow trading up to slightly. the euro trading lower against the dollar at a value of $1.2227. soccer's world governing body has responded to widespread criticism by announcing that it will make an internal report on corruption public. >> there has been a lot of controversy over the bidding process for the next two world cup finals in qatar and russia. >> the president of the organization says they have decided to publish the investigation in the "appropriate form." >> fans in marrakesh are looking forward to the world cup final, but across the city, the focus is on the darker side of football. the sport's governing body has agreed to make an internal report on corruption public. the president announced the decision after a meeting of the organization's executive committee. they previously said it would be illegal to publish the reports into the bidding processes for the 2018 and 2022 world cups, but that stance was criticized by many, including the man who led the investigation. u.s. lawyer michael garcia resigne

the stoxx 50 is down 1.24%. having gotten close to 2% in the middle of december, we are now at 2.5% in the ten-year in the u.s. the german bond yields are at 0.58%. a bit of buying so far in the german bond market today ahead of the crucial vote in greece. gilts at 1.8% and italy at 2%. the dollar is flat against the yen hovering near 120 handle. it hit 121 and settled down into the teens last week. the euro gained some ground despite the move into the green at 1.22. elsewhere, the australian dollar is up 0.28%. >>> and now the indonesian prime minister cannot confirm whether the debris spotted is from the missing airasia aircraft as of yet. here's martin with the latest from the airport. >> reporter: hi, wilfred. i'll take you on the search in a bit, but another big focus is the hundreds of people, the relatives, the next of kin, the families the friends of the 162 people aboard aircraft qz8501 they are gathering where the flight took off at 5:30 local time yesterday morning. and also in singapore here at the a

euro stoxx 50 following suit, even bigger losses here. down 1.75%. across the atlantic, the dow currently flat at 17,911. the euro is currently trading at $one point 2368 -- $1.2368. matteo vince he can breathe a sigh of relief. he has one parliament three support to push ahead with labor market reforms aimed at pulling his country out of recession. >> deputies backed the so-called jobs act, but the reforms are highly controversial. many italians believe they will only bring more hardship. >> it's a gray day in the italian capital, rome, one that matches the mood across the country. traders at this markets a business is slow and that they do not believe the government's reforms will improve their situation. >> absolutely not. it's another revolving gunman trying to fill state coffers to stay in europe and make themselves look good. they are killing us like all the other said. >> -- like all the others did. >> i don't have any conflict with them. in this type of government, i have no confidence. >> one problem in italy is weak demand. consumers have s

we are getting a reprieve on the stoxx exposed to russia. key one is a big lender to russian companies and consumers and they have been reassured. today is theinner central bank and the government seems to be instilling confidence that they will do what they can for the ruble and the finance ministry pledges to support the currency. germany, you were talking about the dax. the biggest software maker out there. moving could help it over the atlantic. oracle put out numbers and profits and sales topped analyst estimates. they said, remember the older players in the application field have seen competition among new players. all of these companies are competing. data in theccess cloud and do not want to be tied to our less. a warm breezes is coming over the u.s. as oracle the estimates and this is all down to china, -- ng they will accept the ministry of agriculture said that introduces seeds and it looks like it will get more into china. >> thank you. those of the stocks investors are paying attention to. change, the more things stay the same i

focus on the core, focus on the euro stocks the -- euro stoxx 50, which -- as opposed to the peripheralle may start to question. >> spanish stocks are down 2%, as we pointed out. greek stocks are down 3%. would you want to wait for the smoke to clear? even if you take a by option --buy, for portugal, you could sell even more? traitor --more of a trader mentality. chance for a bernanke bubble. throw the kitchen sink at it. i know it is questionable how much of the kitchen sink they could throw. with valuation this cheap relative to bonds, it is dangerous to try to pick the exact day. these valuations -- 4% healed in stocks versus 1% or less in bonds, it is really a no-brainer. y 4% healed in stocks -- 4% ield in stocks. spanish, italian bonds notes, they are creeping up in sympathy with what is happening. the fundamental issue, greece is still not fixed, no matter which party leads the country. the debt burden has almost doubled since the crisis began. >> right. i think we're seeing a lot of fixed situations in europe, and that is why i am concerned. to be a heavy buyer of italy or spain

. >> 20 seconds into trading, we are likely to see perhaps the fifth day of gains on the stoxx 600. the ftse up 0.5% already. a bit of festive cheer creeping in. we have risk appetite back on because oil seems to be trading up for a second day. let's check in on brent. up 2.5%. you were just pointing out why. it is all about saudi arabia's oil minister saying prices will recover. he even jumped on stage with a little smile. it seems he is trying to show his optimism that oil prices will recover. potentially we should be listening to them. the market is. oil prices rise. we also get data coming out. we have european consumer confidence coming out. how is that being affected by these moves in the oil market? it is improving as we see oil prices giving up a little bit more cash. french, u.k., u.s. gdp data coming out tomorrow. the united states seems to be getting a bit of festive cheer. the federal reserve saying they will keep the near zero rates for longer. we will not be seeing any interest rate pick up until at least april. up 12% thisp 500 year. the outperformed the rest of the m

down 1.5% for the stoxx 600 overall.and for the individual markets, as you can see, the ftse 100 down 1.3%. germany also down 1.3%. what are the reasons? it's generally risk off stocks by another decline in the oil price. >> it is. it's so interesting, wilfred. now that the price of oil has substantially moved to the downside, a lot of traders have been saying the stock market is reacting negatively to the drop of price in oil. sgen, how low can the price of oil go? that continues to be the question. >>> japan's nikkei praises for this weekend's key snap election. prime minister abe looks set for a landslide victory. what does this mean for abe nomics? >> it's being billed as a referendum on prime minister shinzo abe. voters will head to the polls in a snap election that will likely endorse the current government's economic policies. japan's economy shrunk nearly 2% in the third quarter. earlier this month, moody's downgraded the country's creditworthiness. he as promised many dooem deeper spending cuts. that seems more

we lost about 1.8% on the stoxx 600. we're up 11.6%. it's not all just on that point that allen was making. after today's close, there was relief to suggest maybe january he was willing to come in at qe. that is partly on the back of stronger industrial production from germany despite lower estimates for next year's gdp. up in the less, we've recovered about two-thirds of yesterday's losses. germany regaining pretty much all of yesterday's losses. they're focusing on the industrial production out. those are sort of expected. france is up 11.3%. let's look at bonds. now, similar moves to and fro in the bond market. yesterday, we saw bond yields stik back up in europe and today we've seen them come back down again. in the u.s., 2.62%. germany, 0.76%. the u.s. has just tickedback above 2%. those are the kinds of movements, very low in the grant scheme of things, but a little bit of movement around the margin whether or not we're expecting to have quantitative easing. forex, 1.2375, basically flat. it will strengthen on expectations. the ye

. >> 20 seconds into trading, we are likely to see perhaps the fifth day of gains on the stoxx 600. 0.5% already. a bit of festive cheer creeping in. we have risk appetite back on because oil seems to be trading up for a second day. let's check in on brent. up 2.5%.

the stoxx 600 off by 1% as well. yields in germany, record low. 6.4% on the 10-year.ti south of $60 a barrel. five-year lows in the oil market. since 2009.n't seen let's get some stock specific news with mark barton. ring down 1.5% today. ceo leaving, creative director leaving as well. the head of the parent company will take over running gucci on january 1. guccif course comes after has gone through a turbulent time as of late, struggling as customers switch to labels they perceived to be more exclusive. kering 1.6% lower. hugo boss down by 3.4%. plans to sell 4.9 million shares off. permira's sale of an 11% stake to institutional investors managed by merrill lynch. households in england and wales received a boost today. britain's water regulator published a final determination on pricing. the averagee customer bill fall about 7% next year. united utilities and severn trent are the big two. shares are rising. bank of america merrill lynch said that it could spar some m&a. severn trent up by 3%. interesting times for britain's water utilities. >> thank you very much,

euro stoxx future is pretty much dead flat. dax futures, about 0.1% higher.ket open. >> we have had technical issues in terms of futures markets in europe, so that has discombobulated some of the market opens. you are looking lower in london, down 0.4%. global equities lost $1.2 trillion in value. that momentum continues this morning. volatility rose. yields on treasuries also rose.

euro stoxx 50 flat. dax futures higher by 22 points. looking for something movers as well. manus cranny. >> a very good day for you -- to you. the dax at record highs yesterday. by 16x has gone up percent since its october lows. is it overdone? china hits a three-year high. equity markets, we broke trend. commodity companies are on a low. the pmi will be out today. with theischer along new york fed president talking about oil prices going lower. good for the economy. stanley fischer talking about movement. we had a conversation about where we are with the euro. on thursday, december 17. it will be incredibly important. green just opening in the . those futures indicate we will get higher. three companies we are keeping an eye on have had a little bit of speculation and an upgrade. flurry. nice speculation shell might be interested in buying bp. our bloomberg television team would say anybody and their right mind -- in their right mind would want a little more information about what is before they could .ossibly think about buying bp barclays raises the stock to overweight w

the stoxx 600 down by 0.5%. which industry is weighing on the markets, oil and gas, the energy companies. brent getting crushed once again. specific nowck with caroline hyde. >> looking at oil but also the m&a this morning. we are actually seeing a few stocks on the rise. top of the leaderboard, balfour beatty. not often that you see balfour beatty winning, but it is only up because we are selling some assets. it could be one billion pounds itsash, uploading public-private partnerships. tocould be selling that over john lang infrastructure fund. 5%.while, altus up again, it is m&a driving it higher. this time it is the buyer. why the shares going up? people like the idea that it is eyeing up other assets in portugal. they did by sfr's unit earlier. time, smaller amount, 7 ,illion euros, just in excess putting it ahead of a rival bid from bain. we could clt's expanding in europe and investors seem to like it. majorsdownside, the oil are all falling. the worst performer is tullow oil. we are seeing prices down onc

stoxx europe 600 higher by around half a percentage point or so, 0.4%. and i think somebody has something on my microphone. i'll keep talking. the stoxx europe 600 higher by around 0.5%. that's what we're looking at. when it comes to our general european equity markets at the moment, just moving on, the ftse 100 higher by 0.5%. xetra dax up by a bit, the cac up by 0.5% and the ftse mib flattish to lower. some of the top stocks we've been following include the lights of unilever. can they invest in procter & gamble for an undisclosed figure? the deal is expected to be finalized during the first 456 of next year. u.s. shares in nutreco falling sharply after the attemplower a cargill drops plans to acquire the dutch company. somebody is running my prompts way too fast. i can't follow. if we just scroll back and i'll tell you a little bit about what's going on with bbva. there we go. bbva selling back cifh resulting in a $1 billion payout for the spanish lending. and last but not least, bank of depisca said it sold nearly $1 million of loans to an italian le

today, they are up around 0.4% for the stoxx 6 hup. germany is leading the charge up about 0.8%. >> but, you know, political uncertainty continues to way on the athens index. the greek stock market posted its largest drop in at least 27 years yesterday, down just about 12%. as we've been discussing ones "worldwide exchange," that political uncertainty most likely will continue. >> what does all this mean ahead of the u.s. open? yesterday it recovered from its lows. but today, u.s. futures pointing to a negative open. that's all the time we've got today on "worldwide exchange." i'm wilfred frost. >> thank you for watching. i'm seema mody. "squawk box" is next. >>> good morning. the government suggesting relief at the bump, averaging $2.60 for 2015. >>> los angeles and san francisco are suing uber. meantime, rival lift is settling with prosecutors. >>> and a health record card, new rankings out this morning finds americans are smoking less but eating too much. that's what happens, right, when you try to quit? so how healthy is your home

night on the communicators, kim zener on what she calls the first digital weapon, stoxx net, a computer virus. >> it was really sophisticated. isuess the most unique thing that this was a virus that was designed to physically destroy something. in the fat -- in the past you could steal credit card numbers are things like that, but we had never seen something that was designed to physically destroy, leap out of the digital world into the physical realm. that was the first thing that made stuxnet unique. it was really sophisticated. it was designed to increase and slow the speed of centrifuges. it also did a remarkable trick, which was to make the operators of the plant inc. that the operations were perfectly normal. onrecorded normal activity the computer's first and then played back that normal activity to the monitoring machines when it was actually doing the sabotage. >> monday night at eight eastern on the communicators, on c-span2 . >> all weekend long, american history tv is joining our time warner cable partners to showcase the history of waco texas. to learn more about the cities

euro stoxx 50 flat. dax futures higher by 22 points. looking for something movers as well. good day for you -- to you. the dax at record highs yesterday. by 16x has gone up percent since its october lows. is it overdone? china hits a three-year high. equity markets, we broke trend. commodity companies are on a low. the pmi will be out today.

daxhe euro stoxx 50, futures up 100 points. points. 100 up by 100 a very excited manus cranny.he runs away for christmas. >> stocks perform the best in three years yesterday. that was after six days that saw the markets come lower. equity markets are opening higher. anemic we're told were yesterday. the market had rallied over 2%. were you part of this rally? wpp driving the ftse higher.

stoxx net for the irani and centrifuge.we are talking about seems to fit into the second category, the theft of information. why has the third not happened yet? if these hackers are as powerful as we seem to believe that to be , why have they not gone that far? that far youou go come close to committing an act of war, to be frank. if a foreign nation comes and actively destroys data and property and causes significant harm to the u.s. economy, at a national security level that's the equivalent of bombing an organization. >> that is what happened in saudi arabia, right? >> it happened with 30,000 computers there being destroyed, but if you look deeper into it they were not linked to any of the production facilities, so it was not that impactful at the end of the day, but you are right, this is the type of situation where if there is distraction -- russia does it late -- does it regularly, they conduct a denial of service and other cyber attack, preparing the battlefield, if you will. they go ahead and do it and it is close t

it is the reverse course for the stock market, stoxx 600. that was the dip, that is the recovery.ple days, those .3 percent.own by that could change. we are anticipating payroll data from the u.s. 230,000 new jobs. that will be a central theme of coverage on bloomberg television when that kicks off stateside. tom keene will be at the helm of "surveillance." across america. alan krueger will join us. president obama's former chairman of his council of economic advisers. coral abouted to the jobs market and its nuances. particularly the debate in america over wage growth. the idea is our central bank cannot move over they -- until they see a legitimate wage growth. some feel that we are seeing now or soon, others feel it is nowhere in sight. en from morgan stanley as well. a lot of other things we will be looking at. we will look at the holiday season. something i know you are an expert on, expensive women's shoes. i'm not talking about thousands of dollars. $600 or $1200 a pair. this is news you can use. we talk about fancy shoes. >> i am an expert. let me explain. there is a perso

. -- stoxx measure is also declining.d their losses during the news conference. italian bonds falling for the first time in six days. that is pushing the yield higher to 2.02%. the euro is bouncing off a low. , theore on the markets equity markets reaction, i'm joined by mike reagan. was the market really disappointed with mario draghi? or they position for a big move? last month, mario draghi said the ecb would act as soon as possible to address concerns about lower inflation. >> we know that as soon as possible is not next month. >> the key word there is, as possible." people were expecting something. analysts whot many expected them to come out and say we are going to do quantitative easing today. many expected him to flick at it, hint at it, that it is in the pipeline. he said we will reassess next quarter, even as they cut economic growth forecast, cut inflation forecasts. it is not a huge surprise that they did not announce a big package this week, but there was a little bit of wishful thinking going on. >> it does